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#bailout

1 post1 participant0 posts today
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The One

#farmers #bailout #tariffs #tradewar #climatecrisis #climatechange #climatejustice

Elections have consequences;

“Farmers across the United States say they could face financial ruin – unless there is a huge taxpayer-funded bailout to compensate for losses generated by Donald Trump’s sweeping cuts and chaotic tariffs.”

“Rural counties rallied behind Trump in 2024, giving him a majority in all but 11 of the 444 farming-dependent counties last year, averaging 78% support”theguardian.com/us-news/2025/a

The Guardian · ‘Shock to the system’: farmers hit by Trump’s tariffs and cuts say they need another bailoutBy Nina Lakhani
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Nonilex

“I can see how some #tariffs might help us compete with #Mexico but are we really getting targeted by every other country or are we on the wrong side of this? We’ve already had two years of absolute disaster with falling prices & weather patterns … no farmer wants this but without a #bailout this could be devastating & a lot more people could go under,” Johnson said.

#Trump#TradeWar#farmers
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Nonilex

RGV #farmers sell sorghum, wheat, corn & vegetables to #Mexico among other crops, while buying fertilizer & equipment – & relying on Mexican farmhands for cheap #labor. Mexico is the US’s largest #trading partner, while #China is the main buyer of American sorghum & cotton. All US products destined for China face a 125% tax thanks to #Trump’s #tariff war, & could cut farmers off from core #markets.

#tariffs#TradeWar#bailout
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Nonilex

The #ClimateCrisis fueled #ExtremeWeather is compounded by #Trump’s #TradeWar & the admin targeting federal programs & staff, leaving #farmers reeling & resigned to needing another #bailout.

“There’s a lot of uncertainty around & I hate to be used as a bargaining chip. I am definitely worried,” said Travis Johnson, who lost >1k acres of cotton, sorghum & corn after a year’s rain fell in 48 hrs in the Rio Grande Valley (RGV) in TX last month, turning parched fields into lakes.

#tariffs#economy
Public
Nonilex

‘Shock to the system’: #farmers hit by #Trump’s #tariffs & cuts say they need another #bailout

With #ExtremeWeather & Trump’s #TradeWar, US farmers are reeling & resigned to needing more cash help

Farmers across the #UnitedStates say they could face financial ruin – unless there is a huge #taxpayer funded bail out to compensate for losses generated by Trump’s sweeping cuts & chaotic tariffs.

#economy #recession #trumpcession
theguardian.com/us-news/2025/a

The Guardian · ‘Shock to the system’: farmers hit by Trump’s tariffs and cuts say they need another bailoutBy Nina Lakhani
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William Lindsey :toad:

"There is a bailout coming. It could take a variety of forms and have multiple beneficiaries, but the government will be using taxpayer money to pay off the victims of Donald Trump’s disastrous economic policies. Some of them, anyway.

Farmers will almost certainly be first in line to be bailed out."

~ Paul Waldman

#Trump #tariffs #economy #StockMarket #crash #destruction #recession #farmers #bailout
/3

paulwaldman.substack.com/p/who

The Cross Section · Who Gets the Trump Bailout This Time?By Paul Waldman
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learnaboutbit
If the banks mishandle dollars, the government can always create more dollars and bail out the bank. If the banks mishandle Bitcoin, the government cannot act as a backstop. There is no central issuer of Bitcoin and the supply is limited.

Check it out on YouTube ⬇️
https://youtube.com/shorts/Y8rKtuvleD0?si=CbRghcr9AH0wx6wE

#bitcoin #banking #money #bailout
YouTubeThe Fractional Reserve Risk of Bitcoin Banking #bitcoin #shortsBy Learn About Bit
#bailout
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